Bitcoin: Crosses $64k 200WMA Level
Bitcoin passes $64k 200WMA at $64247 with EMA50 support at $63728 and MACD golden cross on 4h chart.
SourceAnalysis
Bitcoin passes the $64k 200WMA at $64247.27 as BTC trades inside Bollinger bands with upper resistance at $64699.82. Price holds above EMA50 at $63728.62 and EMA200 at $63780.27 while MACD prints a bullish golden cross at 241.46 and RSI sits neutral at 62.66. This move echoes Bitcoin 200-week moving average historical significance and prior BTC price crossing 200WMA past cycles, shaping fresh BTC price prediction models for institutional desks.
Adam Back
@adam3uscypherpunk, cryptographer, privacy/ecash, inventor hashcash (used in Bitcoin mining) PhD Comp Sci http://adam3.us Co-Founder/CEO http://blockstream.com
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